In Northern Manhattan, four multifamily sales in Washington Heights brought the total dollar volume to $122.4 million, more than double the dollar volume in October. A 31-unit walk-up building at 643 West 171st Street, for example, sold for $9.9 million, or $317,742 per unit.

In Brooklyn, 12 properties traded hands in seven transactions that totaled $103.73 million. In Williamsburg, for example, Trinity Place Holdings and Pacolet Milliken Enterprises paid $68.8 million,or $724,211 per unit, for a 95-unit building at 223 North 8th Street.

The Bronx saw eight transactions in November, totaling $80.99 million. In Fieldston, a 44-unit walk-up building at 6211 Broadway sold for $9.5 million, for a per-unit price of $215,909.

Queens came in second for dollar volume, with a total of $276.5 million, a 389 percent jump from October, driven by just three transactions. Of those, the largest was the purchase by A&E Real Estate Holdings and Benedict Realty Group of a 495-unit, 10-building Queens portfolio. The portfolio traded for $130 million or $262,626 per unit. The second-largest transaction was Sentry Operating Corp.’s purchase of 90-02 Queens Boulevard and 87-28 58th Avenue in Elmhurst for $125 million. The 145-unit mixed-use elevator building includes a five-story parking garage and 120,000 square feet of retail and community space.

The second half of 2016 saw fewer transactions but greater dollar volume than the first half, with 51 transactions per month in the six months ending in November, and an average monthly dollar volume of $1.1 billion, the report states.